• 18 hours Did North Korean Hackers Just Steal $13M From Global ATMs?
  • 19 hours Asian Tech Stocks Rebound After A Tough Week
  • 20 hours Switzerland Bans New Audi, Mercedes, Porsche Imports
  • 21 hours Sealing Off The North Korea Smuggling Loophole
  • 23 hours This Tech Giant Is Pushing For Blockchain Adoption
  • 1 day Venezuela’s Gold Reserves Are Reaching Critical Levels
  • 2 days Brexit Woes Weigh On The British Pound
  • 2 days Forget Turkey, This Is The Biggest Threat To European Finance
  • 2 days There’s No Hiding From Google
  • 2 days Turkish Lira Bounces Back After Qatar Bailout Pledge
  • 2 days What Happens If Tesla Goes Private?
  • 2 days China's Most Powerful Weapon In The Trade War
  • 2 days Can The S&P 500 Shake Off Negative Sentiment?
  • 3 days Standards Go Out The Window As Employers Struggle To Fill Jobs
  • 3 days The Two Trillion Dollar Markets Amazon Hasn’t Conquered
  • 3 days Digital Supermodels Outperform Humans
  • 3 days France Could Lose Billions In EU Trade Route Redirection
  • 3 days Beer Giants Are Striking Out With Millennials
  • 3 days What Is Bakkt And Can It Take Bitcoin Mainstream?
  • 3 days Tesla’s Board Delivers A Stern Message To Elon Musk
Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to…

Contact Author

  1. Home
  2. Markets
  3. Other

GBPAUD Short-Term Elliott Wave Analysis

Revised short term Elliottwave suggests the decline from wave ((X)) at 2.21 is unfolding in a triple three structure WXYZ where wave W ended at 2.167, wave X ended at 2.193, wave Y ended at 2.151, second wave X ended at 2.17, and wave Z lower is in progress and can reach as low as 2.116 - 2.127 to finish wave (W) before a larger bounce in wave (X). Near term, the pair can bounce in wave ((x)) towards 2.158 - 2.161 before turning lower again. As far as 2.21 pivot stays intact during the bounce, expect the pair to resume the lower to complete wave (W).

GBPAUD Elliott Short-Term Wave Analysis Chart
Larger Image

 


If you would like to have an access of EWF analysis in real time, click here and feel free to join us. We provide Elliott Wave charts in 4 different time frames, 2 live webinars by our expert analysts every day, 24 hour chat room support, market overview, daily and weekly technical videos and much more.

 

Back to homepage

Leave a comment

Leave a comment